Licensed and regulated companies
Fund structure — corporate set-up
Corporate set-up of a fund structure (fund company and manager entity) without an authorisation application.
In short
Corporate set-up of a fund structure (fund company and manager entity) without an authorisation application. The price is €18,000, excluding VAT. How long it takes: 3–6 weeks. It is ordered and paid on micaconsult.com.
Who it is for
Fund sponsors starting a fund in Estonia.
Price
| Service | Price | Order |
|---|---|---|
| Fund structure — corporate set-up | €18,000 | Order |
All prices are in euros and exclude VAT. VAT is added where it applies under the Estonian Value Added Tax Act.
What the price includes
- Corporate set-up of a fund structure: fund vehicle (limited partnership or company), general partner / management company, constitutional documents
- Company formation(s)
- Corporate documents of the structure
Not included in the price
- Registration or authorisation of the manager
State and notary fees
Estonian notary fees and state fees are included in the price.
- Register state fees
Requirements
Corporate set-up only; any registration or authorisation of the manager is a separate service. The structure is set up so that the later registration or authorisation of the manager can build on it.
Before we start
- Decision on the manager regime (registered small AIFM or authorised AIFM)
Documents and information we need from you
- Fund strategy, investor types, target size and term
- Passport and proof of address of the directors of the general partner / manager and of the beneficial owners
- Ownership chart of the sponsor and source of the GP commitment
- Draft commercial terms (fees, carried interest, investment period)
Process
- You: Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
- LexorCorp: Prepare the application and its documents and manage the procedure until the decision.
- Authority: None for the set-up; Finantsinspektsioon for later steps.
How long it takes
3–6 weeks
Law and requirements
- Investment Funds Act; Commercial Code
General information about our service, not legal advice.
Questions and answers
Fund structure: what does it cost?
€18,000, excluding VAT. Estonian notary fees and state fees are included in the price.
Fund structure: who is it for?
Fund sponsors starting a fund in Estonia.
Fund structure: how long does it take?
3–6 weeks
What is not included in the price?
Registration or authorisation of the manager.
Who makes the decision?
None for the set-up; Finantsinspektsioon for later steps.
Related services and add-ons
- Registered small AIFM — registration with the Financial Supervision Authority — from €34,000
- Fund documents and policies — from €4,500
Part of
- Licensed and regulated companies — from €3,500